Administrative, Recordkeeping, and Participant Education Services for 457(b) and 401(a) Plans

The County of Fresno is seeking a vendor to provide administrative, recordkeeping, and participant education services for its 457(b) and 401(a) Deferred Compensation Plans. The contract requires the vendor to provide a range of services, including recordkeeping, administration, participant enrollment, participant education, regulatory support, and managed accounts. The vendor must also demonstrate strong cybersecurity practices and provide a competitive fee proposal. The contract is for a term of three years with two optional one-year extensions. The County has a strong track record of promoting retirement savings among its employees, with a participation rate of 65% and an average annual enrollment of 911 new participants. The selected vendor will be expected to maintain this momentum and provide high-quality services to the County and its employees. • The contract requires the vendor to provide a range of services, including recordkeeping, administration, participant enrollment, and participant education. • The vendor must demonstrate strong cybersecurity practices and provide a competitive fee proposal. • The contract is for a term of three years with two optional one-year extensions. • The County has a strong track record of promoting retirement savings among its employees. • The selected vendor will be expected to maintain this momentum and provide high-quality services to the County and its employees.